Question
Multiple Choice Question 163 The following information was available for Marigold Corp. at December 31, 2017: beginning inventory $87000; ending inventory $122000; cost of goods
The following information was available for Marigold Corp. at December 31, 2017: beginning inventory $87000; ending inventory $122000; cost of goods sold $632000; and sales $872000. Marigold days in inventory (rounded) in 2017 was
(A) 60.8 days.
(B) 70.2 days.
(C) 44.0 days.
(D) 50.0 days.
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
